Maddex Capital (maddexcapital.com) has been flagged by ASIC (Australia) for "Unlicensed". Search IC001 for other entities related to this alert. Link to warnings from overseas regulators: FCA https://www.fca.org.uk/news/warnings/maddex-capital This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: maddexcapital.com.
I requested my data from Maddex Capital (maddexcapital.com) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Dividend tracking|Real-time alerts
Cons: Account statements could be more detailed
What really bothers me about Maddex Capital (maddexcapital.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them from a review site like this one and I fell for the polished exterior. Never again.
Pros: Regular updates|Fast deposits|Instant funding
Cons: Limited demo account features
I wanted to transfer my portfolio from another broker to Maddex Capital (maddexcapital.com). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Good mobile app|Instant funding
Cons: Website design could be more modern
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Maddex Capital (maddexcapital.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Stable platform|Transparent fees
Cons: Onboarding videos are outdated
I had high hopes for Maddex Capital (maddexcapital.com) from a blog post comparing services, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Two-factor authentication|Copy trading available
Cons: Minor UI glitches occasionally